50 signatures reached
To: The Rt Hon Christopher Pincher MP
To stop unrestricted management charges for common areas on new build housing estates
Bring to an end the practice of ‘fleecehold’ where the common areas of new build housing estates are passed to a management company by the housing developer, through covenants inserted into freehold titles. The home owners then have no control over the level of cost or right to change the management company if they are not performing. Home owners should have the right to form their own management company for common areas, having the common areas transferred in title into the management company an no cost to be in control of their own surroundings, in the same way leasehold property owners have the right.
Why is this important?
New home owners are being fleeced following purchase of their house, quite often without being in full knowledge what they are signing themselves up to. The management companies are played into position by the residential developer with no documented or regulated tender process. The management company then has the right to demand substantial sums of money for a service charge that is definitely expensive and in most examples without basis. The home owners can even lose their homes were they not to pay. Homeowners deserve the right to be in charge of their own common areas and to manage them properly, without being locked into unrestricted costs and further benefits continuing to the original residential developer.
How it will be delivered
To him personally
